demurrage


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demurrage

A charge made by shippers for the time exceeding that normally allowed for loading and/or unloading of building components or materials delivered by railroad, truck, or ship.
References in periodicals archive ?
The Customs Act of 1969, under Section 14A (2) mandates a refund or waiver of all demurrage charges 'received on account of delay because of no fault of the importers or exporters'.
The Responsibility of the Consignee to Pay the Demurrage
According to Patouhas, a little extra planning produced a sound strategy to streamline its operation at the Port of Long Beach, resulting in far fewer delays and cutting costly demurrage charges.
Buniel has not replied and the broker told us it has stopped working on the release of the shipment because the funds to pay for the demurrage fees have yet to be sourced.
In the immediate term, it could have avoided demurrage by placing cargo that was already backlogged on the truck waiting to be moved.
Traders are forced to pay a daily demurrage charge.
8 million demurrage and storage charges was taken just four days before the first anniversary of the attack on the Salala check post by US troops, reports The Express Tribune.
Demurrage is a fine that occurs when containers, or LCL cargo, are unloaded from the vessel and not moved to the appropriate holding area within the given time frame of that port.
KABUL (PAN): Afghan traders left 400 vehicles in the Karachi port because of high demurrage charges from Pakistan, officials said on Sunday.
KenolKobil said a weaker shillings and high demurrage costs incurred locally meant consumers would not receive the full benefit of the lower crude oil prices, spokesman Charles Njogu, told Reuters.
The cylinders are also disposable, avoiding rental and demurrage fees.
In her new position, Allen is responsible for tank truck and rail carrier selection, carrier performance and demurrage analysis for petrochemical products.